Corporate capital : control, ownership, saving and crisis

Resource Information

The work Corporate capital : control, ownership, saving and crisis represents a distinct intellectual or artistic creation found in University of Liverpool. This resource is a combination of several types including: Work, Language Material, Books.

Label

Corporate capital : control, ownership, saving and crisis

Title remainder

control, ownership, saving and crisis

Statement of responsibility

Christos Pitelis

Creator

• Pitelis, Christos
• Pitelis, Christos

Subject

• Capital investments
• Corporations -- Finance
• Saving and investment

Language

eng

Summary

This book looks at the role of the modern corporation in advanced capitalist countries. In particular it considers corporate control and shareownership and the impact of these on consumers' choice, the mobilization of financial capital, the saving function, and the question of the potentially inherent tendency towards stagnation and crisis. The author suggests that there is a tendency towards social ownership of the means of production in modern capitalist economies, directly via share purchase and indirectly via, e.g., occupational pension funds, while at the same time control and appropriation remain vested in a small minority. This is shown to affect financial capital accumulation and the saving function, since the competition between giant corporations encourages their controllers to increase corporate saving above the level desired by small shareholders who are suggested to be unable fully to compensate for such increases by their actions

Member of

• Online access with purchase: Cambridge Books Online

Cataloging source

UkCbUP

Index

index present

Literary form

non fiction

Nature of contents

dictionaries